VNA

Party leader urges Mong Cai
to become business centre

Party General Secretary Nong Duc Manh has urged Mong Cai border-gate town in
the northeastern province of Quang Ninh to become a modern, busy business
centre in the next decade.

The city, however, should bear Vietnam's traditional cultural value to
attract foreign tourists, Mr Manh said.

He asked Mong Cai to devise an industrialisation and modernisation plan in
harmony with the provincial as well as the national development plans.

Mong Cai was the first leg of the Party leader's working tour of the
coal-mining province of Quang Ninh from October 27-30.

Mr Manh reminded Quang Ninh and Mong Cai officials to effectively conduct
people-to-people diplomatic relations in conformity with the "Neighbourly
friendship, comprehensive co-operation, long-term stability and future
oriented" principle as defined by high-level leaders of the Vietnam and
China. 

He praised the achievements recorded by the people of Mong Cai in the past
15 years of national renovation and more than 10 years of exercising the
open-door policy in Mong Cai. Those efforts, Mr Manh noted, have turned Mong
Cai into a bustling border township, offering improved socio-economic
conditions, political stability and better living standards to the locals.
The border-gate township has strengthened friendship and co-operation with
Tonghsiang township and other localities of China.

The Party leader was briefed on the recent situation and five-year
development orientations of Quang Ninh province as well as of the Vietnam
Coal Corporation (Vinacoal) by provincial leaders and Vinacoal executives.

Quang Ninh last year registered a gross domestic product (GDP) growth rate
of around 10% as against the country's average of 6.7%. Meanwhile, Vinacoal
exerted great efforts in overcoming difficulties in business and production
activities last year, and is fulfilling and even surpassing the annual
target set for this year.

General Secretary Manh pointed to the fact that Quang Ninh is part of the
dynamic northern economic cluster, which also includes Hanoi and Haiphong,
and that the locality possesses extremely important advantages that cannot
be seen in other localities. One of those advantages, according to the Party
leader, is its potential to develop a "sea economy."

He reminded Quang Ninh to effectively utilise investment sources allocated
by the government to boost provincial socio-economic development.

Executives of Vinacoal and Quang Ninh provincial officials should closely
co-ordinate with each other to bring into full play their combined strength
for the common goal of national development and turn Quang Ninh into a key
economic locality of the country, Mr Manh said.

He asked Vinacoal to grasp the Resolution of the Party Central Committee's
third plenum on business renovation and build itself into a strong
State-owned corporation.

Vinacoal executives should boost thrift, fully tap internal strength,
actively participate in economic integration, and make effective use of
international co-operation in terms of investment and technology, Mr Manh
also said. (VNA) 

****

President inspects flood-hit Long An



President Tran Duc Luong has said that the Party and State of Vietnam are
always concerned about the efficiency and effectiveness of the national
flood control programme in the Mekong river delta, stressing that "The
programme is part of the government's active effort to harness and control
seasonal flooding in the region."

The president made the comment while meeting with key leaders of southern
Long An province during his two-day tour of the province from October 29 to
inspect the efficiency of major measures being carried out in the flood
control programme and the project to help the people in the delta stabilise
their daily life during the flooding season.

President Luong praised the results obtained by locals in the implementation
of the programme last year and said "This year saw adverse weather and
natural disasters that have caused great losses to the Mekong delta, the
country's biggest rice bowl."

"Experience should be drawn from the implementation of the flood control
programme and the project to help locals ensure safety and stability in
seasonal flooding this year in order to seek more reasonable and feasible
solutions to overcome floods in the future," Mr Luong told the provincial
officials. 

He called on scientists, planners, and developers to continue studying the
construction of water drainage systems, roads, bridges and culverts suitable
to each province and area in the delta in order to preserve the ecological
environment and ensure a normal life for the locals as well as to conform to
the natural flow of floodwaters.

President Luong also visited many flood victims to express the Party and
government's sympathy to them and hope that they will be able to stabilise
their production and life immediately after the floodwaters recede. He asked
the provincial authorities, relevant ministries, and localities to help
flood victims by providing such crucial things as health care, plant seeds,
fertiliser, raw materials, and production equipment. (VNA)

****


Government seeks ways to promote exports

The regular government meeting in Hanoi on October 29-30 focused discussion
on a programme to promote exports in 2002.

The government noted that total export earnings this year are estimated to
register an annual growth rate of 8%. The growth rate was viewed by
Government members as an encouraging sign given the recent global economic
slow-down. 

The failure to obtain the annual export target this year was due to the
drops in prices of Vietnam's key export items such as rice, coffee, pepper
and cashew nuts, the government said, adding that those falling prices have
reduced the country's export earnings by US $900 million in 2001.

Government members agreed to set export earnings for 2002 at between US
$17.3 and 17.6 billion or a minimum year-on-year increase of 10% in terms of
export value. They said that in order to achieve the target, it is necessary
to carry out comprehensive solutions, covering production management, trade
promotion, tax and credit policies and customs regulations, in the near
future. 

Prime Minister Phan Van Khai, who chaired the meeting, requested a thorough
analysis of those export items that can be highly competitive in the world
market and, at the same time, generate more jobs for the people.

He called for further efforts to expand outlets for commodities considered
to be strategic export items of Vietnam. He pointed to the need to reduce
dependence on a traditional market to avoid a sharp reduction in export
earnings when that market experiences unpredictable changes.

The prime minister stressed the necessity to facilitate and mobilise small
and medium-size businesses of all economic sectors to export goods,
including businesses owned by Vietnamese residing abroad.

Also in a bid to boost the export of Vietnamese farm produce, Mr Khai gave
permission to the Ministry of Agriculture and Rural Development to send
officials as agricultural economic counsellors to some countries considered
to be key export markets of Vietnam.

The government also held an in-depth discussion on the investment
development strategy for 2001-2005. Government members came to a consensus
on the overall objective of development investment defined by the Ninth
Party Congress, namely rapidly increasing capital for socio-economic
development investment, building an effective economic structure and raising
competitiveness; completing the infrastructure network; pouring adequate
investment into key economic regions, and giving more investment support to
poor areas. 

Prime Minister Khai advised government members to draw experience from
development investment in the 1995-2000 period so as to avoid formalities of
economic emulation as well as troubles and corruption with regard to
investment in development projects.

The government leader called for the mobilisation of more financial
resources from all economic sectors in the country for development
investment. He said he hoped that development investment in the next five
years would exceed US $60 billion to help meet the socio-economic targets
set forth by the Ninth National Party Congress.

The government also focused discussion on speeding up the process of
restructuring State-owned enterprises, SOEs, so as to maintain their key
role in the national economic development as well as to keep the national
industrialisation and modernisation process in line with socialist
orientation. 

For this purpose, legal documents and proposals related to SOEs development
were thoroughly debated.

In conclusion Deputy Prime Minister Nguyen Tan Dung said ministries,
industries, major corporations, and local administrations have been
authorised to list all enterprises which should be equitised or undergo an
ownership change, stressing that it was an important part of the Party
Central Committee's third plenum resolution.

He also asked relevant authorities to test-organise single-owner limited
liability companies, reorganise some pilot corporations on the model of
Parent Companies and Affiliates, and test-lease SOEs in order to gradually
apply them on a large scale.

The government members also raised opinions on the bills of Pricing,
Fisheries, and government regulation on Overseas Vietnamese's Right to buy
real estate in Vietnam. They heard reports on the inspection work and
solutions to citizens' petitions in the third quarter of 2001 as well as the
socio-economic development in October and the first ten months of 2001.

They shared the view that the last ten months saw certain achievements such
as higher-than-planned tax collection, high industrial growth, and lower
poverty and unemployment rates. They, however, raised concern about slow
export growth as well as slow disbursement of development investment.

The government members planned to closely monitor the ministries, industries
and local administrations taking concrete measures to boost the yearly
economic growth rate to 7.1% as planned and making preparations for the
implementation of the socio-economic development targets for 2002. (VNA)

****


VND 6 billion for flooded Quang Nam

Quang Nam central province will be given an initial relief sum of VND 6
billion (US $400,000) to overcome the aftermath of the recent flood,
according to Deputy Prime Minister Nguyen Cong Tan.

Touring the flood-hit province on October 30, Deputy Prime Minster Tan
instructed relevant ministries and branches of activities to promptly
allocate the sum to the province so as to help local people repair public
works, irrigation networks, and important communication sections to serve
the coming winter-spring rice crop.

The deputy prime minister made an inspection tour of some areas of Dien Ban
district along the Thu Bon river where the safety of more than 300
households are being threatened by landslide.

In the long-run, Mr Tan said, relevant ministries and the provincial
authorities must strengthen social welfare projects and promptly carry out
the construction of two hydro-electric power plants in order to ease the
flooding and divert the flow of the Thu Bon and Vu Gia rivers. He asked
local authorities to evacuate people facing a high risk of landslide to safe
places. 

The recent flood killed 13 people, injured nine others, damaged 238 houses
and 1,000 metres of canal, destroyed 3,000 hectares of vegetables and
subsidiary food crops, and sank seven boats. Total material losses amounted
to nearly VND 39 billion (US $2.6 million).

The local authorities have exerted great efforts in providing timely relief
to flood victims during and immediately after the flood.

Mr Tan reminded local authorities to continue agricultural economic
restructuring, focusing on the selection of suitable seedlings and animal
breeds and the transfer of farming techniques to local farmers to soon
eradicate hunger and poverty. He asked the province to fully tap its
sea-based economy and forest resources. Quang Nam has great tourism
potential as it is home to two world cultural heritage sites, namely the
ancient Hoi An town and the My Son Holy Land. Therefore, the deputy prime
minister asked the locality to closely coordinate environmental protection
with the preservation of its traditional culture in order to attract
tourists. (VNA) 

****


Vietnam, Mongolia promote co-operation

The Vietnam-Mongolia Inter-governmental Commission for Economic, Commercial,
Scientific and Technological Co-operation held its tenth session in Ulan
Bator from October 22-26.

Vietnam's delegation to the session was led by Deputy Minister of
Agriculture and Rural Development and Chairman of the Vietnamese section to
the Commission, Nguyen Thien Luan.

The two sides reviewed the implementation of agreements reached at the
previous session and discussed measures to boost bilateral co-operation in
the near future. 

They signed an agreement on veterinary medicine and animal quarantine, an
education and training co-operation agreement in the 2001-2005 period, and a
framework agreement on co-operation between the two countries' State Banks.

Both sides also agreed to solve issues relating to transport and
communications, the payment mechanism of both countries' banks, and the
preferential policies, being considered for the import of processed farm
products. 

During its stay, the Vietnamese delegation was received by Mongolian Prime
Minister Nambaryn Enkhbayar, who spoke highly of Vietnam's renovation
achievements and its prestige in the international arena.

Prime Minister Enkhbayar affirmed that Mongolia attaches importance to its
relations with Vietnam and expressed his thanks to the Vietnamese government
and people for their donation of 2,000 tonnes of rice to help Mongolia
overcome the aftermath of a severe blizzard it endured last winter. (VNA)

****


Flood victims assisted to restore production

Local authorities in flood-hit provinces have provided farmers with money
and rice strains to help them restore production.

Commercial banks of An Giang province have granted VND 1,265 billion in
loans for the local farmers for agricultural development. This figure is 45%
more than that of the same period last year. Other banks such as Industrial
and Commercial Bank, Foreign Trade Bank, Investment and Development Bank and
Agriculture and Rural Development Bank are planning to offer farmers credit
funds so they can join the programme of plant and cattle shifting.
Commercial banks have also provided the locals with loans worth VND 832
billion to grow rice and vegetables and for cattle breeding.

The Bank for Agriculture and Rural Development Bank in Dong Thap province
plans to provide VND 120 billion for the local farmers' households to
produce winter-spring crops.

The Rice Institute of the Mekong River Delta has prepared 365 tonnes of rice
strains, 30 tonnes more than that of last crop, to distribute local farmers
for their winter-spring crops. In order to have more rice strains, Mekong
river delta provinces tried to multiply strains themselves and subsidised
rice costs for poor households heavily affected by the floods.

****


Vietnam presents brass drum replica to UNESCO

Deputy Prime Minister Pham Gia Khiem presented a copy of Ngoc Lu brass drum
to the United Nations Educational, Scientific and Cultural Organisation
(UNESCO) at the 31st congress of UNESCO in Paris, said sources from the
Ministry of Culture and Information on October 30.

The deputy prime minister expressed his wish that UNESCO would continue its
assistance for cultural, scientific, educational and information activities
of Vietnam and recognise more heritage sites in Vietnam.


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